I’m off to We Robot 2018, at Stanford University in Palo Alto, California. Ian kerr and I will be presenting our draft paper When AIs Outperform Doctors: The Dangers of a Tort-Induced Over-Reliance on Machine Learning and What (Not) to Do About it (co-authored with Joelle Pineau).
Long plane ride, but maybe I’ll see you there?
As I write this in Q2 2018, non-agency US federal debt is estimated at $21,120,516,214,632.52, or about $64,727 per person in the US.
What fraction of that $21.1 trillion debt do you suppose is held by the Chinese? Go ahead, guess, I’ll wait.
No idea? Does this from a recent Reuters piece that ran in the NY Times help? (Hint: not really.)
China held around [redacted] trillion of Treasuries as of the end of January, making it the largest of America’s foreign creditors and the No. 2 overall owner of U.S. government bonds after the Federal Reserve. Any move by China to chop its Treasury portfolio could inflict significant harm on U.S. finances and global investors, driving bond yields higher and making it more costly to finance the federal government.
Ready to guess now? Answer below.